FDCTech, Inc. (OTCPK:FDCT) and Alchemy Prime Limited agreed to acquire NSFX Limited for approximately $1.35 million on December 31, 2022. FDCTech, Inc. (OTCPK:FDCT) will hold 50.1% stake and Alchemy Prime Limited will hold 49.9% stake in NSFX post the completion of the transaction. FDCT is responsible for paying the net unrealized profits calculated at the Effective Date, estimated to be approximately $0.35 million and Alchemy will pay a total cash amount of $1 million.

FDCTech received regulatory approval from MFSA's Investment Services Supervision Department in October 2022. On January 6, 2023, FDCTech, Inc. (OTCPK:FDCT) Completed the acquisition of 50.1% in NSFX Limited.